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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: leslie wray mackenzie who wrote (19422)	11/19/1998 6:56:00 PM
From: Jimbo	Read Replies (2) \| Respond to of 77400

Excuse me but this puppy's P/E has been high for as long as I have been in the stock and that is over 2 years. Sit back and enjoy. Can't be any higher than the internet stocks !

To: leslie wray mackenzie who wrote (19422)	11/19/1998 7:04:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 77400

<<but isn't the PE of CSCO getting a bit on the high side for now??>> Get out of here. -g- This market has no fundamental bearings like PE's, "real" earnings, valuations. cisco will continue to go-up as long as there are enough suckers left in this market. period. If you want to bet, you bet on a) there will be enough suckers to take it higher so you buy long; b) every sucker who wants to buy has already bought and it will tank, so you sell short. These are the only two controlling factors for cisco and any other stock these days.